Market Report: September 2014
Martha’s Vineyard real estate statistics for the month of September 2014…
Whether you’re interested in buying or selling a property, or are just curious about the Martha’s Vineyard real estate market, we hope this information has been helpful. For more information on current market trends, or to speak to one of our agents, please contact us.
New Listing: 94 Peases Point Way South, EDG
Take a look at our new listing – a sprawling Cape nestled in a quiet area of Edgartown Village…
Nestled in a quiet Village setting, this sprawling Cape is the perfect Edgartown Escape… Just blocks from Main Street but so very private. With nearly an acre of land, a true rarity in town, the lot offers lovely plantings and plenty of expansion potential. A must see!
Exclusively offered at $1,600,000
An expansive living area has ample space for both a seating and dining are with one of the three fireplaces. Easy flow and access to both the fully equipped kitchen and first floor guest bedroom with bath en suite.
The family room has French doors to access the back deck, a fireplace and views of the lovely garden.
The large master enjoys another fireplace as well as a private outdoor patio.
Expansive second floor guest room with private bath.
Spacious backyard with shed, and private patio off master bedroom.
New Listing: Harthaven Road, OB
Check out our new listing – a pristine, newly constructed home located within the prestigious Harthaven community of Oak Bluffs…
An opportunity that doesn’t come often… step from the farmers porch of this almost new, expanded Cape, through the door and into the entry and the far wall of french doors and windows coaxes to the great room. This sunny, inviting room is anchored by a beautiful fireplace and french doors that lead to a spacious deck and yard beyond. The great room is open to the chef’s kitchen and the dining area allowing for family and friends to easily gather together. The first floor master en suite is privately tucked at the end of a hall and includes a walk-in closet and access to the deck as well. A powder room and laundry room are situated off their own hall which leads from the entry and kitchen and into the garage. The cozy den/office with another fireplace is a more private space in which to enjoy the newspaper or television and finishes the first floor. The second story overlooks the great room and makes the spaces feel light and airy. Three bedrooms, another master en suite with bonus room and outside balcony, are found on this floor. The home has the bells and whistles expected in new construction and the basement awaits finishing. The icing on the cake is the location and amenities offered in the Harthaven community. No longer will finding a parking space at the beach be an issue – beautiful private beach, harbor and Farm Pond access and tennis are just a short distance away and bike or walk into town on the path just at the entrance of the neighborhood. Privacy, summer amenities and close proximity to town – the ultimate vacation retreat!
Exclusively offered at $1,695,000
Front Entry to Open Living Space
Open Living Room with Fireplace and French Doors to Deck
Chef’s Kitchen and Dining Area Overlooking Backyard
First Floor Master En Suite
Second Floor Master Bath
New Listing: 14 Court Street, EDG
Take a look at our new listing – TWO houses located in a premier area of Katama…
A most unique opportunity in a premier Katama location – Conveniently located near Edgartown Great Pond, South Beach, Morning Glory Farm and the Village. For $875,000, you are purchasing two homes on one lot. The guest house has been recently renovated with new floors and carpeting, new kitchen with marble counter top, cabinets and appliances. The renovation to the 1,631 sf main house will be completed the middle of November 2014. The kitchen opens to a cathedral ceiling living/dining room with wood fireplace for those cool evenings. It has a bedroom and full bath on the 1st floor and two guest bedrooms with a full bath on the second floor. The current septic is 4 bedroom, however town sewer is possible which would allow for expansion of the bedroom capacity. The homes are located at each end of the .59 acre lot allowing for privacy and room for a pool. Each house has an outdoor shower. A great investment property allowing you to use one building and rent the other or rent both.
Exclusively offered at $875,000
Feature Friday: 19 Silva Lane, EDG
Check out this week’s featured property – a stylish, yet traditional home in Edgartown Village…
Enjoy the quieter side of Edgartown Village. Three blocks from Main Street, Silva Street is home to a select handful of stylish properties, exactly where you want to be, while still off the beaten path. Easy access to all of the Village, the important fish market and Stop and Shop as well as Fuller Street Beach; a location where a car is not necessary. Custom built in 2004 the traditional exterior is a wonderful façade to the crisp, open interior design; not your “cookie-cutter” house by any means. The finest quality classic finishes blend beautifully with the state-of-the art high end appointments. this pristine Village home eludes the masses, and makes for a true in-town retreat. It enjoys a very successful rental history. With exception of personal items, property is being sold furnished – all furniture is high quality!
Exclusively offered at $2,150,000
Sold Listing: 9 Chickawaukee Street, OB
Feature Friday: 71 Pilgrim Road, EDG
Check out this week’s featured property – a spacious three bedroom home located near Sengekontacket Pond in Edgartown…
A great vacation getaway! The entry is most welcoming with the covered porch that leads to the open concept kitchen, living and dining areas. Expansive decking across the rear of the house accessed through glass sliders provides wonderful space to enjoy the great outdoors and generous yard. The vaulted ceilings add interest and combined with the many windows creates a very bright and spacious atmosphere. Accommodations include a first floor master with ensuite and two spacious guest rooms with full bath on the second story. Not only meticulously maintained but many upgrades over the years including new heating system and central air conditioning, roof, windows and the addition of irrigation. The full walk out basement offers additional living space for rainy day activities. The home is well screened from the road with mature trees and professionally landscaped grounds, accentuated with raised beds and stone work. Located just off the Boulevard and under ½ mile to Sengekontacket Pond water access.
Exclusively offered at $690,000
Sold Listing: 104 Hines Point, VH
Seller Tips: Market Your Home for Maximum Exposure
Once you’ve made the decision to sell your home and have selected a REALTOR® to represent you, it’s time to work with your agent to market your property so it sells as quickly as possible. Your agent should share a marketing plan with you, but the more you know the process of selling your home, the easier it is to support their efforts.
The day that your home goes on the market it should be in prime condition and priced right to attract the most potential buyers.
- Work with your agent to determine an appropriate and realistic price based on market conditions and comparable sales.
- Have your house looking pristine by cleaning and removing clutter. Your agent can suggest repairs that should be made to make the home more appealing.
- Provide your agent with any necessary tips or information about your home and community.
What to Expect from Your REALTOR®
Many agents have experience staging homes, and will give you advice and suggestions on how to make your home more appealing. Once your home is looking its best, your agent should market your home in multiple ways:
- Take excellent photos or hire a professional photographer to showcase your home online with attractive pictures.
- List your home on the local Multiple Listing Service and make sure it receives maximum exposure on multiple websites.
- Reach out to other real estate brokers and agents who work with buyers in your price range.
- Showcase your home on various forms of social media.
- Respond quickly and efficiently to all interested parties, and get feedback from all visitors to gauge their interest.
What Your REALTOR® Should Expect From You
While your agent does the heavy lifting when it comes to marketing, as a seller you should support them in several ways:
- Keep your home as clean, neat and odor-free as possible while it is on the market.
- Make your home as available as possible to buyers for showings, no matter how inconvenient it may be to you and your family. Your home won’t sell if no one can see it.
- Leave the house when buyers are there, since studies have shown that buyers linger and look more carefully when the homeowners aren’t present.
- Lock up your pets or take them away when buyers are visiting, especially during an open house when multiple visitors are expected.
- Provide information for your agent to pass along to potential buyers about any relevant amenities in your neighborhood or nearby your home so they can better appreciate your home’s location.
Source: National Association of REALTORS® (Realtor.com)